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Left Out creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
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Now displaying: 2018
Jun 13, 2018

In this clip of our upcoming episode with Kate Aronoff, Kate recalls her recent exchange in Puerto Rico with the chairman of the House Natural Resources Committee, Rob Bishop, R-Utah, about the privatization of PREPA and his plans to turn Puerto Rico into an export hub for natural gas.

Our full episode with Kate Aronoff on heterodox economics, her recent reporting on a federal job guarantee, U.S. politics in the Trump era, climate change, Puerto Rico, and more, will air in the coming week.

If you're enjoying Left Out, please support us by becoming a subscriber on Patreon. We depend on your small donations to help Left Out stay alive and keep churning out content that's always free and never behind a paywall.

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Kate Aronoff is a graduate student of Economics at John Jay College, a contributing writer at The Intercept, and a writing fellow for In These Times covering the politics of climate change, economics and public policy, the White House and the Trump administration, and the resistance to Trump's agenda.

Jun 1, 2018

In this Left Out bonus clip, economist Michael Hudson answers whether millennials should get into the housing market. 

"There are two classes millennials now. One class of millennials inherits houses from their parents, or have a trust fund or the parents have paid for their education in full and have helped them get a house or have given them their own house. Rich millennials who have parents helping them are in one class, and the class of self-supporting millennials--which used to be just about everybody in their late 20s--can’t afford to be self-supporting anymore, even in their 30s." 

The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.

Jun 1, 2018

In this week's edition of The Hudson Report, Paul Sliker speaks with Michael Hudson about the state of housing in the U.S. vs. China, why unaffordable housing is not a part of true nature, and why the self-supporting class of millennials can't afford to buy homes.

"Housing is a very good investment if you have millionaire parents." -Michael Hudson

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If you're enjoying Left Out and these weekly episodes with Michael Hudson, please consider supporting us by becoming a subscriber on Patreon. We need your small donations to continue providing free content: https://www.patreon.com/leftout

May 29, 2018

In this episode of Left Out, political economist Ann Pettifor speaks with Paul Sliker about the production of money, as well as why challenging the despotic power of finance and fixing our economic system, crucially depends on people's understanding of it all.

"Very often my experience is that activists don't ever talk about this stuff. They don't have a list of these demands. We want to do something about taxes or we want to do something about investment—all that tangible stuff that you can see on a day-to-day basis. We don't ever to talk about this thing which you can't see, which is the financial system. So if we can just get talking about that we'll begin to make ways." -Ann Pettifor

Topics discussed:

  • Money - what it is and how it is produced;
  • How our banking and monetary systems work;
  • Why mainstream economists leave out the activity of Banks, Money, and Private Debt in their thinking and modeling; 
  • Solutions for fixing and democratizing the global financial system;
  • What the general public can do once they understand how our banking and monetary systems work;
  • How people can effectively challenge and reverse the influence of extremely powerful financial interests;
  • Bitcoin; Job Guarantee vs. UBI; Brexit; Jeremy Corbyn and the state of the Labour Party; European politics and the rise of the Far Right.

Pick up Ann's latest book: 'The Production of Money: How to Break the Power of Bankers' www.versobooks.com/books/2706-the-…uction-of-money

We need your help to keep providing free content. Please support Left Out by going to: https://www.patreon.com/leftout/

May 12, 2018

Political economist Ann Pettifor on what history can teach us about how to effectively challenge the despotic nature of today's global financial system.

Look out for the full episode with Pettifor on the production of money, and why fixing our economic system depends on the general public's understanding of it.

Pick up the book: The Production of Money: How to Break the Power of Bankers

*Please support Left Out on Patreon

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Apr 26, 2018

Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.  

The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.

In this episode we discuss the ancient history of debt cancellation, the untold life of Jesus as an economic justice activist, and more largely Professor Hudson's forthcoming book, "...and forgive them their debts," out in summer 2018.

***Please help keep this show alive by supporting us on on patreon.com/leftout***

Apr 13, 2018

In this episode, we sat down with the Marxist sociologist Erik Olin Wright, who has taught at the University Wisconsin for over four decades.

We talk about the different understandings of class, how class shapes individual identities, and how it affects struggles to organize the shop floor and much more.

Erik Olin Wright website: https://ssc.wisc.edu/~wright/

 

** Follow Left Out on our brand new Twitter account: @leftoutpodcast    

** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout 

 

 

Apr 9, 2018

Michael Hudson discusses the so-called "trade war" developing between the U.S. and China.

 The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 

 
 If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
 
Please follow us on our new Twitter: @leftoutpodcast
Apr 5, 2018
Here is a short clip of Erik Olin Wright, Marxist sociologist at the University of Wisconsin, speaking about the different conceptions of class.
 
The full episode is scheduled to release Thursday April 12th.
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
Please follow us on our new Twitter: @leftoutpodcast
Apr 3, 2018
In this episode we discuss the economic and political implications of the attempted murder of former Russian double agent Sergei Skripal. We also touch upon the long history of collaboration between Russian oligarchs and Western banks and how it fits into the larger neoliberal project pursued after the collapse of the Soviet Union. 
 
 
The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 
 
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
 
Please follow us on our new Twitter: @leftoutpodcast
 
 
Mar 28, 2018

Senate Republicans and Wall Street friendly Democrats recently voted in favor of rolling back banking industry regulations, including key parts of Dodd-Frank, under the guise of providing relief for struggling community banks. Professor Michael Hudson weighs in on the details of the bill and its potential economic impact.

The Hudson Report is a new weekly series with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
Please follow us on our new Twitter: @leftoutpodcast
Mar 17, 2018

Professor Michael Hudson discusses the ACLU's new report on the rise of modern-day debtors' prisons in America and compares this with the role of debt in antiquity.

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The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
Please follow us on our new Twitter: @leftoutpodcast
 
 
Mar 8, 2018
Stephanie Kelton is a leading American economist and a Professor of Public Policy and Economics at Stony Brook University. Kelton was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to the Bernie 2016 presidential campaign. She's most known for being a pioneer of Modern Monetary Theory (MMT). 
 
In this episode, Professor Kelton debunks budget deficit and government spending myths and explains how understanding how our monetary system works is crucial to making the political and economic case for important programs like universal health care, free public higher education, infrastructure investment, and more.
 
We also explore some current economic issues, including how we might be able to cancel all public and private student debt in the U.S., and lastly the role and challenges of women in economics.
 

** Follow Left Out on our brand new Twitter account: @leftoutpodcast    

 
** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout 
Mar 6, 2018
Professor Stephanie Kelton, former Chief Economist - U.S. Senate Budget Committee and Advisor to Bernie 2016, reflects back on her academic career in economics - a field with only 13% women economists.
 
The full episode on MMT and debunking budget deficit myths will air Thursday, March 8th.
 
Mar 3, 2018

Professor Stephanie Kelton, former Chief Economist to the US Senate Budget Committee and Economic Adviser to Bernie 2016, on how the US federal government can easily "pay" for federal programs like social security. 

***Full will air on Thursday March 8th***

Feb 8, 2018

In this episode of Left Out, we speak with Professor Steve Keen about his latest book, Can We Avoid Another Financial Crisis?, as well as the failure of mainstream economics.

In late 2005, Keene became the first economist to predict the 2007-08 financial crisis, earning himself the Revere Award from the Real World Economics Review for “being the economist who most cogently warned of the crisis, and whose work is most likely to prevent future crises.”

In the first half of our interview, Professor Keen explains why conventional economic theory doesn’t describe capitalism accurately, as well as Hyman Minsky’s hypothesis on the significance of private debt in the economy— something that is largely ignored by the predominant “Neoclassical” school of economics today.

In the second half, we turn to the prescriptive. Keen contends the main thing people need to think about is that “as well as workers and capitalists we have creditors and debtors in this economy— and by far the most important social clash these days is not between workers and capitalists, it’s between the financial sector and the rest of the economy.”

As for the Left, Keen thinks in order to win it must be less reactive and more intelligent in their campaigning, otherwise the future we’ll face “will be that of The Hunger Games and not of a democratic society.” That means focusing more on the role of private debt than on wage campaigns or unionization, and fighting for a modern debt jubilee and universal basic income.

Keen wraps up our discussion with his forecast for the global economy and gives us his predictions for what countries are most likely to face a crisis in the next 1-3 years.

** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout **

Feb 5, 2018

Professor Steve Keen, the first economist to predict the 2008 financial crisis, explains why mainstream economists aren't experts on money and finance.

Jan 18, 2018

In this episode of Left Out, we sat down with Kali Akuno — the co-founder and co-directer of Cooperation Jackson. We discuss the emerging network of worker-owned cooperatives and the people behind it building an alternative, solidarity-based economy inside the majority-black and impoverished city of Jackson, Mississippi.

We then diver deeper into the different types of worker-owned cooperatives that makeup Cooperation Jackson; the importance of developing cooperatives with clear political aims; and the need for a nationwide network of cooperatives and solidarity economic institutions as a viable alternative to the exploitative nature of our current economic, social, and environmental relations.

*** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. We depend on your support to keep this show alive: https://www.patreon.com/leftout ***

Jan 18, 2018

In our next episode of LEFT OUT we sit down with Kali Akuno of Cooperation Jackson and spoke to him about his new book, Jackson Rising: The Struggle for Economic Democracy and Black Self-Determination in Jackson, Mississippi. Here is a short clip from that interview.  

 

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